APOTHEEK ELSENBORGH: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
APOTHEEK ELSENBORGH
Largest movements
- Tangible fixed assets -€30,846
down €30,846 (-10.6%), from €290,470 to €259,624
of which Land and buildings: -€24,461
- Receivables within one year +€11,902
up €11,902 (+32.0%), from €37,165 to €49,067
of which Trade receivables: +€12,122
- Cash -€8,017
down €8,017 (-6.1%), from €131,362 to €123,345
mainly Debts after one year (-€65,900) and Contributions, distributions and other (-€42,721)
- Debts after one year -€65,900
down €65,900 (-22.8%), from €288,546 to €222,645
- Reserves +€26,689
up €26,689 (+14.5%), from €183,810 to €210,499
- Trade debts +€6,735
up €6,735 (+24.3%), from €27,715 to €34,450
- Gross operating margin +€8,766
up €8,766 (+6.0%), from €146,689 to €155,455
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €600,102 | €571,535 | -€28,567 | -4.8% |
| Fixed assets | 21/28 | €290,470 | €259,624 | -€30,846 | -10.6% |
| Tangible fixed assets | 22/27 | €290,470 | €259,624 | -€30,846 | -10.6% |
| Land and buildings | 22 | €263,217 | €238,756 | -€24,461 | -9.3% |
| Plant, machinery and equipment | 23 | €24,651 | €20,029 | -€4,622 | -18.7% |
| Furniture and vehicles | 24 | €2,602 | €839 | -€1,763 | -67.8% |
| Current assets | 29/58 | €309,632 | €311,911 | +€2,279 | +0.7% |
| Stocks and contracts in progress | 3 | €127,234 | €125,782 | -€1,452 | -1.1% |
| Stocks | 30/36 | €127,234 | €125,782 | -€1,452 | -1.1% |
| Amounts receivable within one year | 40/41 | €37,165 | €49,067 | +€11,902 | +32.0% |
| Trade receivables | 40 | €35,263 | €47,385 | +€12,122 | +34.4% |
| Other amounts receivable | 41 | €1,902 | €1,682 | -€221 | -11.6% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €131,362 | €123,345 | -€8,017 | -6.1% |
| Deferred charges and accrued income | 490/1 | €8,872 | €8,718 | -€154 | -1.7% |
| Total equity and liabilities | 10/49 | €600,102 | €571,535 | -€28,567 | -4.8% |
| Equity | 10/15 | €203,134 | €229,823 | +€26,689 | +13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €183,810 | €210,499 | +€26,689 | +14.5% |
| Distributable reserves | 133 | €183,810 | €210,499 | +€26,689 | +14.5% |
| Profit (loss) carried forward | 14 | €724 | €724 | = | 0.0% |
| Amounts payable | 17/49 | €396,968 | €341,712 | -€55,256 | -13.9% |
| Amounts payable after more than one year | 17 | €288,546 | €222,645 | -€65,900 | -22.8% |
| Financial debts | 170/4 | €288,546 | €222,645 | -€65,900 | -22.8% |
| Amounts payable within one year | 42/48 | €108,422 | €119,067 | +€10,645 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €27,614 | €28,041 | +€427 | +1.5% |
| Trade debts | 44 | €27,715 | €34,450 | +€6,735 | +24.3% |
| Suppliers | 440/4 | €27,715 | €34,450 | +€6,735 | +24.3% |
| Taxes, remuneration and social security | 45 | €7,654 | €7,368 | -€286 | -3.7% |
| Taxes | 450/3 | €2,547 | €1,772 | -€775 | -30.4% |
| Remuneration and social security | 454/9 | €5,107 | €5,596 | +€489 | +9.6% |
| Other amounts payable | 47/48 | €45,439 | €49,208 | +€3,769 | +8.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €37,176 | €38,502 | +€1,326 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,006 | €30,846 | -€161 | -0.5% |
| Other operating charges | 640/8 | €2,758 | €2,253 | -€505 | -18.3% |
| Gross operating margin | 9900 | €146,689 | €155,455 | +€8,766 | +6.0% |
| Operating profit (loss) | 9901 | €75,749 | €83,855 | +€8,106 | +10.7% |
| Financial income | 75/76B | €1,719 | €1,507 | -€212 | -12.3% |
| Recurring financial income | 75 | €1,719 | €1,507 | -€212 | -12.3% |
| Financial charges | 65/66B | €6,082 | €5,239 | -€844 | -13.9% |
| Recurring financial charges | 65 | €6,082 | €5,239 | -€844 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €71,385 | €80,123 | +€8,738 | +12.2% |
| Income taxes | 67/77 | €10,919 | €10,713 | -€206 | -1.9% |
| Profit (loss) for the period | 9904 | €60,466 | €69,410 | +€8,944 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,466 | €69,410 | +€8,944 | +14.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.